Hot rolled coil prices in local Chinese market – Week 3

Product Name

Specification

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Medium HRC

5,75 mm x 1,500 mm x C

Q235B/SS400

Shanghai

Tangshan Steel

4,130

664

-50

Tianjin

Tangshan Steel

4,030

648

-10

Lecong

Liuzhou Steel

4,180

672

-40

Average

-

4,113

661

-33

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

4,180

672

0

Tianjin

Tangshan Steel

4,130

664

-60

Lecong

Lianyuan Steel

4,330

696

0

Average

-

4,213

677

-20